ICBA, ProfitStars extend service agreement

The Independent Community Bankers of America (ICBA) announced Tuesday the extension of its Preferred Service Provider agreement with the financial services industry firm ProfitStars to include risk management solutions.

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“As cyber threats and natural disasters increase, community banks need to augment their internal resources to be as prepared as possible for unforeseen events,” ICBA Senior Executive Vice President of Community Bank Solutions Kevin Tweddle said. “ICBA is proud to offer these proven solutions, from a leading industry pioneer that understands community banks and empowers them with technology that responds to information security risks.”

The ICBA indicated the endeavor would aid community banks in managing threats, securing data and systems, supporting IT regulatory compliance, and safeguarding against reputational risk.

“The pandemic reminded us that the financial ecosystem can shift abruptly, and when it does, fraudsters are never slow to capitalize on changes,” Matt Riley, president of ProfitStars, said. “We can help community banks facilitate a strategic view of risk management across their entire organization. Our solutions and experts are available to alleviate the IT burden while providing community banks with predictable, cost-effective, and scalable network solutions.”

The newly added Gladiator services program includes managed cybersecurity services, managed IT services, private cloud computing, data backup and recovery services, and governance risk and compliance services.

“We recently added the Gladiator private cloud computing solution to our product suite and have been pleased with how it has simplified our disaster recovery process,” said Kathy H. Grasty, senior vice president and chief financial officer of New Horizon Bank.